THYROCARE TECHNOLOGIES
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The Current P/E Ratio of THYROCARE TECHNOLOGIES is 63.94.
| Share Price | ₹1,527.9 | Nov 21,2025 |
| Market Cap | ₹8,113.1 Cr | |
| Earnings-TTM | ₹126.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 63.94x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of THYROCARE TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,113.1 Cr] as on Nov 21,2025
(/) Earnings [ ₹126.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 63.94x ]
Thus, for THYROCARE TECHNOLOGIES , the investors are currently willing to pay 63.94 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of THYROCARE TECHNOLOGIES !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of THYROCARE TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of THYROCARE TECHNOLOGIES
PE Ratio Performance Analysis for THYROCARE TECHNOLOGIES
- THYROCARE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 36.85x.
- THYROCARE TECHNOLOGIES 's operated at median p/e ratio of 39.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THYROCARE TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 44.13x.
- THYROCARE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 23.25x.
How does THYROCARE TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
| Peer Comparison (Hospital & Healthcare Services Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| THYROCARE TECHNOLOGIES | 126.88 | 63.94 | 8,113.1 |
| MAX HEALTHCARE INSTITUTE LTD | 1,357.07 | 84.61 | 114,822.0 |
| APOLLO HOSPITALS ENTERPRISE LTD | 1,693.20 | 62.78 | 106,299.0 |
| FORTIS HEALTHCARE LTD | 1,024.62 | 67.86 | 69,535.4 |
| GLOBAL HEALTH LTD | 561.62 | 58.69 | 32,963.1 |
| NARAYANA HRUDAYALAYA LTD | 845.35 | 49.38 | 41,743.8 |
| KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 355.60 | 75.39 | 26,809.3 |
| DR LAL PATHLABS LTD | 539.80 | 48.76 | 26,321.0 |
| ASTER DM HEALTHCARE LTD | 398.12 | 84.58 | 33,672.7 |
| RAINBOW CHILDRENS MEDICARE LTD | 254.92 | 52.99 | 13,509.4 |
| JUPITER LIFE LINE HOSPITALS LTD | 198.74 | 47.48 | 9,436.6 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs THYROCARE TECHNOLOGIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 47.48x |
| Max industry PE | 84.61x |
| Median industry PE | 62.78x |
| Average industry PE | 63.32x |
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